Shemaroo Entertainment Limited has informed the Exchange about Transcript
SHEMAROO · price
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Awaiting price reaction for this filing.
Shemaroo reported Q1 FY26 revenue of ~INR 140 crores, down about 10% year-on-year, with an EBITDA loss of ~INR 56 crores and a net loss of ~INR 46 crores. Digital media revenue grew 18% YoY to ~INR 67 crores, while traditional media revenue fell 26% to ~INR 72 crores due to re-entry of four major broadcasters (Star Utsav, Colors Rishtey, Zee Anmol, Sony Pal) on Free Dish and FMCG ad softness. Management is investing in digital (YouTube crossed 72.5M subscribers, ShemarooMe Gujarati launched 6 titles) while rationalizing traditional channel costs. Inventory reduced by ~INR 40 crores to INR 528 crores through accelerated charge-offs, with FY26 budgeted new initiative spend at INR 75 crores.
Short-term results remain weak with no clear revenue recovery in sight as traditional broadcast pressure persists. Debt stands at INR 306 crores and the earlier INR 60 crore debt reduction target for FY26 now looks unlikely, though cash flow management remains tight. Stock could stay subdued until digital growth meaningfully offsets traditional declines and inventory charge-offs (planned ~INR 140 crores this year, the final year) complete.